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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%4:00 PM EST

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To: TobagoJack who wrote (40882)10/8/2008 11:11:31 AM
From: prosperous  Read Replies (2) of 218604
 
Its interesting to see the propensity of other central banks to stick to US Fed which seems clueless about solutions to the problem, in fact some of these nations can try and decouple from US and may help their citizens by taking a smaller blow if they went a different way, the lemming mentality for Central banks still exists and makes problem more difficult since they will sink the world economy with coordination instead of decoupling. One thing that could potentially work and that will absolutely not be done is to let the markets act out and correct to levels where it becomes attractive for investors to jump in even with the credit issue hanging and may provide some stimulus toward recovery. Its not clear to me how the actions banks and govt is taking is going to be any better when in fact it seems to be not working and creating additional problems that are attached with the solutions themselves. Also, with this rapid fire solutions its not clear if there is enough thought being put here...
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